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RE,TALL LEASE !Q EEAUU <br /> This Retail Lease Agreement `'Lease") is made as of the "Execution Date's set forth on the signature <br /> page hereto, by and between 1" ashpee Commons 11, LLC having a notice addiress of.c1-o Mashpee Commons <br /> �c P. . o 1530, Mashp ,� M sachuset 02649 ("Landlord") and. <br /> L Little Shop of 11 ie 1*1 °�."'Tenan '), having :a notice address ,_: M <br /> m "eta ts `rade name 1s The Little Shop of Olive Oils, <br /> 1 <br /> ecti 41 R809i"RIUM,As ucd in this Lew se,the Ulowing terms shall have the following meanings: <br /> . ShoDiDj-na The shopping center known as "Mashpee Commons",, located at 38 Nathan <br /> ��. ll'is Highway,Mashpee,Massachusetts, <br /> 2. Er—emisen. The 919 square feet of space within the Shopping Center, located at 12 Central <br /> Square, and identified as Space 6.101.2 on E&hi it A to this Lease. The eealin ,the <br /> perimeter walls,and the floor,are all excluded from the"Premises", except for the <br /> inner surfaces thereof. <br /> 'Tt-D, or- When open for business, whichever occurs fir8t.-This lease will begin <br /> when The Little Shop of Olive Mils opens for business and all permit's are in place. <br /> Access to build out the space will begin as soon as the current tenant moves to their <br /> w new loc Ation and at no charge w1u'le the build-out takes place, <br /> a. <br /> 4. RXi tior <br /> 3 gears after opening date with.a 2 year option to renew to be decided 90 days prior <br /> to lease termination. <br /> 5. Imo: The 'Perm is ;the Period of time between. the Commencement Date and the <br /> Expiration.:) ate(u.nlew this Lease's sooner terminated). <br /> 6. T'ertningQp i fit: Tenant shall have a 1 time termination right to be exercised between January 3 1, <br /> 2020 and March 31,2020 with 30 days notice-to LL . <br /> 7. TeInwitted Use: For the retail sale and display of, Olive oils, Balsamic Vinegars and associated <br /> products. <br /> , Mi r imn m' ,ent* .nifial Term: MnimumRent <br /> Year 1: 22.00/sf <br /> Year : 2 .0olsf <br /> Year : 24.00/sf. <br /> `fear 4 $25.0010 option year l <br /> Year 5 2. .00/sf option y -2 <br /> 1 <br />